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High-Visibility Storefront Building

2402 S MACARTHUR Drive Alexandria, LA 71303

2402 S MACARTHUR Drive, Alexandria, LA, 71303
$175,000
For Sale
$175,000

Well-maintained, approximately 12-year-old commercial building in a high-traffic area with strong exposure for retail or service uses.

Property Size1,200 SF
Price / SF$145.83
Days on Market140

Property Features for 2402 S MACARTHUR Drive

General Information

Standard status
Active
Size
1,200 SF
Property subtype
General Commercial

Building Details

Year Built
2012
Listing agency LATTER AND BLUM Central Realty LLC
Listed by Buck Holt · License #SALE.995704186-ACT
Source Xome
Added: Mar 4 Updated: Jul 22 at 4:57AM Checked: Jul 22 at 4:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LATTER AND BLUM Central Realty LLC


Investment Insights

Based on property information with market context.

This well-maintained storefront commercial building is approximately 12 years old and designed to support a variety of commercial uses. The building offers a commercial storefront configuration intended for business presence and visibility.

The property is located on S MacArthur Drive in a high-traffic area, providing exposure for customers passing by. Accessibility is highlighted as part of the overall offering.

With a relatively compact size, this is a straightforward option for an owner-operator or investor seeking a storefront-style commercial property in a busy setting.

Key Highlights

  • Well‑maintained commercial building built in 2012 (about 12 years old)
  • Zoned C for commercial use
  • High‑traffic, high‑visibility location with strong business exposure

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $21.6k $18.00
− Vacancy −$972 −$0.81
EGI $20.6k $17.19
− OpEx −$6.2k −$5.16
NOI $14.4k $12.03
1,200 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$206.3K
$180.5K – $240.7K (±1% cap)
NOI $14,440 @ 7.0% cap · market cap 8.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.8K
$289.4K – $385.9K (±1% cap)
NOI $23,155 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Sandy's Clip-N-Dip Pet Grooming Service

Suggested Use

Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Home Appliance Store Kitchen & Bath Showroom Catering Service Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Albertsons Floral — 2265 s macarthur dr, alexandria, la 71301
  • Sam's Club Floral — 3805 North Blvd, Alexandria, LA 71301

FAQs

What type of property is this?
Storefront property - Well-maintained, approximately 12-year-old commercial building in a high-traffic area with strong exposure for retail or service uses.
Where is this storefront property located?
The property is located at 2402 S MACARTHUR Drive Alexandria, LA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Well‑maintained commercial building built in 2012 (about 12 years old); Zoned C for commercial use; High‑traffic, high‑visibility location with strong business exposure
Contact an agent
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